In the wake of the Great Recession, US monetary policy focused in large measure on purchases of mortgage-backed securities, with the goal of lowering mortgage rates. The…
This paper seeks to refine our understanding of how refinancing a mortgage affects household outcomes. This issue has attracted particular attention in the wake of the Great…
A common root of political opposition to new housing development is spatial proximity or NIMBYism (`Not In My Back Yard’), where individuals may support new supply in general…
In theory, renters and homeowners disagree about proposals to build new housing in their communities, particularly if that housing is close to where they live. However, in…
W11-2: Community based organizations have been providing mortgage loans in low-to-moderate income and minority communities on a small scale since the 1970s. These…
